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>The fact that VCs exist and thrive proves that they are following what is right for them. Correlation does not imply causation. I can imagine a world where VC
by saurabh 14y ago
>The fact that VCs exist and thrive proves that they are following what is right for them.
Correlation does not imply causation. I can imagine a world where VC's invest in research and teams instead of ideas and goals.
What if there was a 500hackers where 500 competent hackers from different fields under one roof get paid well enough to work on a variety of ideas? If I were a VC, I would definitely want a part of the action. Sort of like a modern day Bell Labs.
- anuraj 14y agoA VC is after money, not ideas. Their choices are to maximize their returns. Their investment decisions are purely driven by that. And the best in the industry are doing reasonably well.